# PPP loan: ARBOR LAKES RESTAURANT GROUP INC
> **$942K** approved 01/17/2021 · Paid in Full · Loan `1501158308`
## Borrower
- **Name:** ARBOR LAKES RESTAURANT GROUP INC
- **Address:** 12635 Elm Creek Blvd N, Maple Grove, MN, 55369-7046
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $942K
- **Initial approval:** $942K
- **Forgiven:** $948K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $942K
- **Utilities:** $1
- **Jobs reported:** 104
## Lender
- **Originating:** First Bank Elk River
- **Servicing:** First Bank Elk River (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*